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Submitted URL: https://www3.edgile.com/e/823553/ategic-cybersecurity-services-/qnmbmc/429060214?h=PVbD51Lh5AJZH0GSmdD49ZvcS2f7K-qxfydbQ...
Effective URL: https://www.wipro.com/newsroom/press-releases/2021/wipro-to-acquire-edgile-to-strengthen-its-leadership-in-strategic-c...
Submission: On September 30 via api from US — Scanned from DE
Effective URL: https://www.wipro.com/newsroom/press-releases/2021/wipro-to-acquire-edgile-to-strengthen-its-leadership-in-strategic-c...
Submission: On September 30 via api from US — Scanned from DE
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Cookie Notice We use cookies on our website to provide you with a more personalized digital experience. To learn more about how we use cookies and how you can change your cookie settings, please refer to our Privacy Statement and Cookie Classification Close Accept Cookie Settings * Your Privacy * Strictly Necessary Cookies * Performance Cookies * Functional Cookies * Targeting Cookies * Privacy Statement Privacy Preference Centre Active Always Active Save Settings Allow All * Services Applications Artificial & Augmented Intelligence Business Process Business Solutions Cloud Consulting Cybersecurity Data & Analytics Design & Experience Digital Marketing & Interaction Engineering Infrastructure Sustainability Talent Cloud * Industries Aerospace & Defense Automotive Banking Capital Markets Communications Consumer Electronics Consumer Packaged Goods Education Engineering Construction & Operations Healthcare Industrial & Process Manufacturing Insurance Life Sciences & Pharma Media & Info Services Medical Devices Natural Resources Network & Edge Providers Oil & Gas Platforms & Software Products Professional Services Public Sector Retail Semiconductors Transportation & Services Utilities * Insights Featured Insights From our CEO Business Strategy Digital Transformation Sustainability Technology Trends * About Wipro About Us Analyst Speak Events Inclusion and Diversity Innovation Investors Leadership Locations News Partner Ecosystem Sustainability The Story of Wipro Privacy at Wipro Supplier Diversity * Careers * Contact Us Locations America Brazil En Po Canada Latam Mexico En Sp United States Europe En De Benelux Germany & Austria En De Nordic Southern Europe En Fr Switzerland En De United Kingdom & Ireland Asia Pacific Asean Australia & New Zealand China Japan En Jp Korea Taiwan India & Middle East India Middle East Africa Global Site < News and Events Wipro to Acquire Edgile to Strengthen its Leadership in Strategic Cybersecurity Services WIPRO TO ACQUIRE EDGILE TO STRENGTHEN ITS LEADERSHIP IN STRATEGIC CYBERSECURITY SERVICES Acquisition will address fast-growing demand for cybersecurity consulting among Global 2000 enterprises X X Bangalore, India, New York and Austin, USA – December 20, 2021, Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced it has signed an agreement to acquire Austin, Texas headquartered Edgile, a transformational cybersecurity consulting provider that focuses on risk and compliance, information and cloud security, and digital identity. Edgile is recognized by security and risk leaders for its unique business-aligned cybersecurity capability, deep understanding of the changing regulatory environment and enabling cloud transformations that help secure the modern enterprise. In addition, the company’s “strategy-first” approach and “Quick Start” solutions will allow the combined entity to deliver enhanced value in strategic cybersecurity services. Together, Wipro and Edgile will develop Wipro CyberTransform™, an integrated suite that will help enterprises enhance boardroom governance of cybersecurity risk, invest in robust cyber strategies, and reap the value of practical security in action. In collaboration with an extensive roster of alliance partners from Wipro and Edgile, Wipro CyberTransform™ will enable organizations to accelerate their digital transformation and operate in virtual, digital supply chains — all in a highly secure manner. Tony Buffomante, Senior Vice President & Global Head – Cybersecurity & Risk Services, Wipro Limited, said, “Adding Edgile’s strategic consulting capabilities and launching Wipro CyberTransform™ are significant milestones on our journey to becoming the trusted partner to security leaders and boardroom stakeholders. I see the team blending very well with Wipro’s CyberSecurists to deliver transformational cybersecurity on a global scale.” Don Elledge, Chief Executive Officer, Edgile, said, “We are immensely thrilled to join Wipro, a company we admire for its values and deep technology capabilities. Our collective full spectrum of cybersecurity risk consulting and security management capabilities will help our global customers to continue to securely embrace their digital transformation journey and sustain their on-going risk management priorities.” Earlier this year, Wipro strengthened its cybersecurity business by acquiring Ampion, a leading provider of cybersecurity services in Australia, and the cybersecurity practice at Capco, a leading consultancy in the BFSI sector in Europe and the US. Additionally, through its Wipro Ventures arm, the company continues to invest in innovative cybersecurity start-ups, demonstrating the firm’s strong commitment towards providing industry leading cybersecurity solutions across sectors and regions. Abry Partners, a minority private equity investor in Edgile, will fully exit its investment in Edgile as a result of this transaction. Piper Sandler acted as financial advisor to Edgile and Stone Key Partners LLC acted as financial advisor to Wipro for the transaction. The transaction is expected to be completed before March 31, 2022, subject to regulatory approvals and customary closing conditions. About Wipro Limited Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. Media Contact: Sony Shetty Wipro Limited sony.shetty@wipro.com About Edgile Edgile is the trusted leader in cybersecurity transformation and risk services partnering with the world’s leading organizations, including 31% of the Fortune 100 and 20% of the Fortune 500. Our strategy-first model optimizes today’s enterprise journey to the cloud and modernizes identity and security programs through a risk lens and expert compliance knowledge. We secure the modern enterprise by transforming risk into opportunity with solutions that increase business agility and create a competitive advantage for our clients. Media Contact: Dan Seyer CMO dan.seyer@edgile.com Forward-Looking Statements The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf. © 2022 Wipro Disclaimer Privacy X CONTACT WIPRO PLEASE FILL THE REQUIRED DETAILS TO ACCESS THE CONTENT